Insurance Coverage for Nonprofits 

Nonprofit insurance is a commercial coverage plan that covers your organization in the event of financial loss due to accident, theft, damage, or injury. Every plan is different based on the unique needs of the organization. The various coverage that makes up your insurance plan will often be referred to as a Business Owners Policy (BOP) or a Commercial Package Policy. Generally, nonprofit insurance covers damage to your building or injuries sustained by employees, financial loss from fraud or litigation, among other things.

Nonprofit coverage would benefit any 501(c)(3) organizations. Groups such as charitable organizations, healthcare providers, advocacy groups, educational nonprofits, cultural institutions, or religious organizations all fall under this umbrella.

There are many things that factor into how much your nonprofit insurance plan will cost. Components such as location, the nature of your work, the number of employees, and your insurance history will affect what your plan costs.

To get started, you’ll need to provide your location, details of your operations, and basic financial information. Once received, an insurance representative will reach out to you for additional information regarding your operations that will affect your coverage.